CBS Sports.com's Jason La Canfora reported Wednesday that the Cardinals have released the free safety, ending his three-year tenure in the desert. The team later confirmed the move.

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Financially, the move has logic for the Cardinals. Darren Urban of the Cardinals' official website reported that Arizona saves $6 million in cash and $6 million in salary-cap space by parting ways with Rhodes, who was due $4.5 million in base salary, a $1 million reporting bonus and a $500,000 workout bonus.